DSV and LOGOS launch new built-to-suit warehouse in Tukang Innovation Drive
The firm will invest $200m into the 720,000-square-feet facility.
A total of $200m will be invested in a new build-to-suit warehouse facility, DSV Pearl, which will be located on Tukang Innovation Drive, Singapore.
DSV, a global logistics and supply chain service provider, and LOGOS, a real estate firm and part of ESR Group, seeks to complete DSV Pearl to complete by mid-2025 and will make more than 300 new jobs in the logistics industry.
Located on Tukang Innovation Drive in the Southwest region of Singapore, DSV Pearl will be DSV’s largest facility in Singapore when finished.
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It is situated next to the Ayer Rajah Expressway and will benefit from convenient access to Singapore’s key infrastructure including Jurong Port, Changi Airport and the upcoming Tuas Megaport.
The five-storey warehouse has a large floor plate of 136,000 square feet per floor with high ceiling and advanced warehouse automation systems to raise efficiencies in the storage, retrieval, and processing of goods.
Incorporating sustainability, DSV Pearl is being planned to be certified LEED Gold and BCA Green Mark Platinum.
The warehouse is designed with solar panels to use renewable energy to power the facility and onsite EV chargers, and smart lighting system to optimize energy consumption, promoting an environment-friendly approach to operations.